The Traderszone Network

Published in TZ Latest News 2 October, 2014 by The TZ Newswire Staff

Payrolls Preview: Goldman Warns Of "Seasonal Tendency To Disappoint Consensus"

Against a consensus expectation of 215,000, Goldman forecast a 230,000 increase in September nonfarm payroll employment and a one-tenth decline in the unemployment rate to 6.0% (vs. consensus 6.1%). Overall they think the available employment indicators for September point to a solid report, despite slightly weaker data this week. In addition, the reversal of a couple of special factors from August should be a positive.

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